Sunday, September 23, 2018

WOTC - Lower income and corporate tax

I asked this question in the Wisdom of the Crowd:

Does lower income and corporate tax bring in foreign investments?

Here are the responses: (51 Votes)
47 % - We should lower our cost of doing business.
25 % - The impact on our economy is questionable.
18 % - It is a good strategy.
10 % - We have to compete with other hubs, like Hong Kong.

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=891

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